A Sept. 10 report from the Census Bureau shows that the child poverty rate rose to 19.0% in 2008, from 18% in 2007. That translates to 14.1 million children living in poverty in the richest nation on earth.
In 2008, more than one in three – 35.3% – of all people living in poverty were children. EPI projects that with the continuing deterioration in the labor market, by 2009 a quarter of all children in this country will be living in poverty and by 2010 the child poverty rate will be 26.6%.
This would represent an increase of 10.4 percentage points from 2000 to 2010 – truly a lost decade.